With the chip shortage, TSM looks amazing for a potential run. It's been consolidating for a while now. Looking to buy after the 120 level break-out.
2-3 weeks potential growth to 130.
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My team has been analyzing $MU for the past few months. After consolidating...
Beautiful channel formation here but the time has come where descending triangle is forming, these are usually bearish.
TSM is having problems with production due to water shortage, $MU ceo yesterday talked about how NAND demand is not necessarily as high as the market thinks. Different industry, but is this company really worth 3x pre-covid?
I lean towards...
QCOM - Current Price $130.48 Price Target $165
Qualcomm is set to benefit greatly not just from the chip shortage but the unexpected drop in supply of chips used for cellphones and handsets.Qualcomm’s Snapdragon 888, its new high-end chip with a 5G modem for Android phones. The newer chip which came out in Dec 2020 supports many types of 5G networks, the chip...
There's some chatter in both the US and Europe about subsidizing chip manufacturing to help deal with the semiconductor shortage. That has sent chip stocks surging today, including Intel. I like Intel a lot, because it's quite reasonably valued for a chip company and has lots of plans for expanding its manufacturing capacity, which means it's poised to be a big...
INTC has tested the yellow support line at $64 and is coming up now to test the black resistance line. Could see some big moves out of INTC TM and going into the next trading week.
Bullish flag formed in AMD
As Intel rumors were confirmed, AMD took a beating. But these rumors are non-threatening, at least in the short-term. Intel has yet to finish their 7nm chip whereas AMD is already working on their 5nm chip. AMD is way ahead of the game, more involved with gaming than intel because of their additional console exposure. Intel's new Fab's...
I know it is trending down but it tapped my level for that bounce, expecting for it to hit 89-90, if it breaks 90 then... 94 baby! Still on my WL because on the Daily has a C&H pattern, its just that this handle is ridiculous! LOL
Technical Analysis
We have formed an ascending triangle (purple lines). If we make a measured move from the breakout, it takes us up to $275 target approximately.
21ema has been working very well as a trend following system.
OBV has been supportive of the trend.
Fundamental Analysis / News
1. Ongoing reports talking about demand for semiconductors outpacing...
welllll whyyy??
they bagged earning meaning there next one will probably do great
new CEo
it dropped hard and i saw a great buying time so here i am
they make crazy chips and there biggest customer ?? APPLE!! another no brainer to buy at this dip
Gainzzz baby
skyworks killed the earning!!
played an option call that expired after earning and sold at the highs of 20+ dollars the day after earnings
the made 20-30 dollars per iphone 12 sold so when apple said they killed the iphone 12 sales i figured skyworks would make a killing from the apple revenu alone anddddd
they printed money baby :)
sold at 4X return :))))
Load up, you won't see this stock below $90 often in the future.
The MACD is signaling buy. When the red signal line rises above the MACD line, it's a buy signal.
The RSI is signaling buy. As highlighted, an RSI around 30 signals it is not overbought.
It held the previous support level of 87.52. This is a tremendous sign.
I expect it to carry on in the...
